According to official news, Harmony released the 2024 Q1 technical report, which pointed out that this quarter is a period of change for the protocol, marking significant progress in achieving a fully decentralized network under the HIP-32 guidelines. Through joint efforts in engineering, DevOps, and network security, the team has successfully navigated the complexity of the transition to external leadership.
Comprehensive enhancements to the main branch and development branch stabilize existing features and pave the way for future improvements, including key implementations such as enhancing fast synchronization capabilities, reducing internal voting rights, and actively handling synchronization challenges. In addition, the team has introduced a rigorous testing environment and made strategic adjustments to the Devnet configuration to ensure the robustness and scalability of the protocol.
Strategic initiatives for Q2 2024 are aimed at improving system performance, strengthening security measures, and deepening community participation. Focusing on achieving 1-second block finality and enhancing cross-shard transactions will address key performance indicators. At the same time, security and smart contract verification programs will ensure the integrity and reliability of network operations.
In addition, the team will deploy on-chain governance mechanisms to advance the establishment of a more inclusive and responsive community governance structure.